How is crypto taxed in Thailand?

Thailand crypto tax rules changed in 2025, when the government approved a five-year break on gains from crypto trading. The exemption covers individuals who sell crypto or digital tokens through platforms licensed by the Thai Securities and Exchange Commission. Activity outside those platforms, and income earned in crypto, is still treated under normal tax rules.

What is the Thailand crypto capital gains exemption?

The exemption comes from Ministerial Regulation No. 399, published in the Government Gazette on September 5, 2025, according to law firm Tilleke & Gibbins. It removes personal income tax on gains from transferring cryptocurrency or digital tokens made between January 1, 2025 and December 31, 2029.

The condition is where you trade. Only sales through exchanges, brokers or dealers licensed under Thailand's 2018 digital asset decree and supervised by the Thai SEC qualify. The Finance Ministry said the aim was to build the local digital asset market and steer residents toward regulated venues rather than offshore ones.

The break applies to individuals only. Companies that trade digital assets do not qualify. Unless the period is extended, it ends after 2029.

Is crypto taxable in Thailand outside the exemption?

Yes. Trades on unlicensed platforms, decentralized exchanges and peer-to-peer channels remain taxable, and foreign exchanges are not covered unless further guidance says otherwise. Advisers also suggest checking separately how crypto profits earned abroad and brought into Thailand are treated.

Income from mining, staking, airdrops and other reward-based activity stays subject to ordinary personal income tax. For how those income types work in general, see is crypto staking taxable and are crypto airdrops taxable.

What is the crypto tax rate in Thailand?

There is no special crypto rate. Taxable crypto income is taxed under the progressive personal income tax scale, which Forvis Mazars puts at 5% to 35%. When the exemption ends, gains would return to that scale unless the rules change. Value added tax is not charged on trades made through licensed operators.

Because the exemption is temporary, advisers recommend keeping full records of purchases, sales, trade confirmations and costs. Those records also help with crypto cost basis if gains become taxable again.

Is cryptocurrency legal in Thailand?

Yes, buying, holding and trading crypto is legal. Thailand regulates exchanges, brokers and dealers through a licensing system run by the Thai SEC. What is restricted is using crypto to pay for things. In March 2022 the SEC barred licensed digital asset businesses from facilitating crypto payments for goods and services, effective April 1, 2022, while saying trading and investing remained allowed. For a wider comparison, see crypto tax around the world.

Rules differ by country and change often. Check the tax authority or a qualified professional for your own situation.